Growth in State GST in FY18-FY21 Lower Than In Pre-GST Taxes During FY14-FY17: Report
As the GST collections have been hitting new records of late, a report by India Ratings and Research said the state GST (SGST) growth at an average 6.7 per cent during FY18-FY21 has been lower than the 9.8 per cent growth recorded by the taxes subsumed under GST during FY14-FY17. “The share of state GST (SGST) in their own tax revenue (SOTR) during FY18-FY21 sto…